REG-Edmond de Rothschild Asset Management: Form 8.3 - SAINSBURY (XS1139087933) <Origin Href="QuoteRef">SBRY.L</Origin>
15/07/2016 12:00
FORM 8.3
PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY
A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE
Rule 8.3 of the Takeover Code (the "Code")
1. KEY INFORMATION
----------------------------------------------------------------------------------------------------
(a) Full name of discloser: EDMOND DE ROTHSCHILD ASSET MANAGEMENT (France),
for the account of the funds managed.
----------------------------------------------------------------------------------------------------
(b) Owner or controller of interests and short
positions disclosed, if different from 1(a):
The naming of nominee or vehicle companies
is insufficient. For a trust, the trustee(s),
settlor and beneficiaries must be named.
----------------------------------------------------------------------------------------------------
(c) Name of offeror/offeree in relation to whose SAINSBURY (XS1139087933)
relevant securities this form relates:
Use a separate form for each offeror/offeree
----------------------------------------------------------------------------------------------------
(d) If an exempt fund manager connected with an
offeror/offeree, state this and specify identity
of offeror/offeree:
----------------------------------------------------------------------------------------------------
(e) Date position held/dealing undertaken: 15th July 2016
For an opening position disclosure, state
the latest practicable date prior to the
disclosure
----------------------------------------------------------------------------------------------------
(f) In addition to the company in 1(c) above, is NO
the discloser making disclosures in respect of
any other party to the offer?
If it is a cash offer or possible cash
offer, state "N/A"
----------------------------------------------------------------------------------------------------
2. POSITIONS OF THE PERSON MAKING THE DISCLOSURE
If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the
offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant
security.
(a) Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure
relates following the dealing (if any)
----------------------------------------------------------------------------------------------------
Class of relevant security: Convertible bonds due November 2019
----------------------------------------------------------------------------------------------------
Interests Short positions
----------------------------------------------------------------
Number % Number %
----------------------------------------------------------------------------------------------------
(1) Relevant securities owned 8 500 000 1.89
and/or controlled:
----------------------------------------------------------------------------------------------------
(2) Cash-settled derivatives:
----------------------------------------------------------------------------------------------------
(3) Stock-settled derivatives
(including options) and agreements
to purchase/sell:
----------------------------------------------------------------------------------------------------
8 500 000 1.89
TOTAL:
----------------------------------------------------------------------------------------------------
All interests and all short positions should be disclosed.
Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or
sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).
(b) Rights to subscribe for new securities (including directors' and other employee options)
----------------------------------------------------------------------------------------------------
Class of relevant security in relation to which
subscription right exists:
----------------------------------------------------------------------------------------------------
Details, including nature of the rights concerned
and relevant percentages:
----------------------------------------------------------------------------------------------------
3. DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE
Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in
1(c), copy table 3(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.
The currency of all prices and other monetary amounts should be stated.
(a) Purchases and sales
----------------------------------------------------------------------------------------------------
Class of relevant Purchase/sale Number of securities Price per unit
security
----------------------------------------------------------------------------------------------------
Bond Sell 200 000 100
----------------------------------------------------------------------------------------------------
Bond Sell 200 000 100
----------------------------------------------------------------------------------------------------
Bond Sell 200 000 100
----------------------------------------------------------------------------------------------------
Bond Sell 200 000 100
----------------------------------------------------------------------------------------------------
Bond Sell 200 000 100
----------------------------------------------------------------------------------------------------
Bond Sell 100 000 100,45
----------------------------------------------------------------------------------------------------
Bond Sell 300 000 100,45
----------------------------------------------------------------------------------------------------
Bond Sell 200 000 100,45
----------------------------------------------------------------------------------------------------
Bond Sell 1 200 000 100,45
----------------------------------------------------------------------------------------------------
Bond Sell 200 000 100,45
----------------------------------------------------------------------------------------------------
Bond Sell 100 000 101,2
----------------------------------------------------------------------------------------------------
Bond Sell 200 000 100,709
----------------------------------------------------------------------------------------------------
Bond Sell 1 300 000 100,709
----------------------------------------------------------------------------------------------------
Bond Sell 200 000 100,709
----------------------------------------------------------------------------------------------------
Bond Sell 300 000 100,709
----------------------------------------------------------------------------------------------------
Bond Sell 100 000 101,2
----------------------------------------------------------------------------------------------------
Bond Sell 500 000 101,2
----------------------------------------------------------------------------------------------------
Bond Sell 200 000 101,2
----------------------------------------------------------------------------------------------------
Bond Sell 100 000 101,2
----------------------------------------------------------------------------------------------------
(b) Cash-settled derivative transactions
----------------------------------------------------------------------------------------------------
Class of relevant Product description Nature of dealing Number of reference Price per unit
security e.g. CFD e.g. opening/closing securities
a long/short
position,
increasing/reducing
a long/short
position
----------------------------------------------------------------------------------------------------
----------------------------------------------------------------------------------------------------
(c) Stock-settled derivative transactions (including options)
(i) Writing, selling, purchasing or varying
----------------------------------------------------------------------------------------------------
Class of Product Writing, Number of Exercise Type Expiry date Option money
relevant description purchasing, securities price per e.g. paid/
security e.g. call selling, to which unit American, received per
option varying etc. option European unit
relates etc.
----------------------------------------------------------------------------------------------------
----------------------------------------------------------------------------------------------------
(ii) Exercise
----------------------------------------------------------------------------------------------------
Class of relevant Product description Exercising/ Number of Exercise price per
security e.g. call option exercised against securities unit
----------------------------------------------------------------------------------------------------
----------------------------------------------------------------------------------------------------
(d) Other dealings (including subscribing for new securities)
----------------------------------------------------------------------------------------------------
Class of relevant Nature of dealing Details Price per unit (if
security e.g. subscription, applicable)
conversion
----------------------------------------------------------------------------------------------------
----------------------------------------------------------------------------------------------------
4. OTHER INFORMATION
(a) Indemnity and other dealing arrangements
----------------------------------------------------------------------------------------------------
Details of any indemnity or option arrangement, or any agreement or understanding, formal or
informal, relating to relevant securities which may be an inducement to deal or refrain from dealing
entered into by the person making the disclosure and any party to the offer or any person acting in
concert with a party to the offer:
Irrevocable commitments and letters of intent should not be included. If there are no such
agreements, arrangements or understandings, state "none"
----------------------------------------------------------------------------------------------------
None
----------------------------------------------------------------------------------------------------
(b) Agreements, arrangements or understandings relating to options or derivatives
----------------------------------------------------------------------------------------------------
Details of any agreement, arrangement or understanding, formal or informal, between the person
making the disclosure and any other person relating to:
(i) the voting rights of any relevant securities under any option; or
(ii) the voting rights or future acquisition or disposal of any relevant securities to which any
derivative is referenced:
If there are no such agreements, arrangements or understandings, state "none"
----------------------------------------------------------------------------------------------------
None
----------------------------------------------------------------------------------------------------
(c) Attachments
----------------------------------------------------------------------------------------------------
Is a Supplemental Form 8 (Open Positions) NO
attached?
----------------------------------------------------------------------------------------------------
----------------------------------------------------------------------------------------------------
Date of disclosure: 15th July 2016
----------------------------------------------------------------------------------------------------
Contact name: Lydia Ballester
----------------------------------------------------------------------------------------------------
Telephone number: + 33 1 40 17 21 16
Email : l.ballester@edr.com
----------------------------------------------------------------------------------------------------
Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service and must also be
emailed to the Takeover Panel at monitoring@disclosure.org.uk. The Panel's Market Surveillance Unit is available
for consultation in relation to the Code's disclosure requirements on +44 (0)20 7638 0129.
The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk.
Edmond de Rothschild Asset ManagementRecent news on J Sainsbury
See all newsREG - Sainsbury(J) PLC - Transaction in Own Shares
AnnouncementREG - Sainsbury(J) PLC - Director/PDMR Shareholding
AnnouncementREG - Sainsbury(J) PLC - Transaction in Own Shares
AnnouncementREG - Sainsbury(J) PLC - Result of AGM
AnnouncementREG - Sainsbury(J) PLC - Transaction in Own Shares
Announcement